TradingMarkets Most Overbought and Oversold ETFs for Monday

  • February 19, 2010
  • David Penn

Most Overbought

The following ETFs are the most overbought for Monday, February 22, 2010 and are due for a short term reversal. This analysis is based on research published in Larry Connors’ new book, High Probability ETF Trading – now in paperback!

^EWG^
^FXP^
^DBA^

Overbought ETF of the Day – iShares MSCI Germany Index Fund ETF – EWG

EWG

Most Oversold

The following ETFs are the most oversold for Monday, February 22, 2010 and are due for a short term reversal. This analysis is based on research published in Larry Connors’ new book, High Probability ETF Trading – now in paperback!

^TIP^
^EWJ^
^BND^
^EWS^

Oversold ETF of the Day – iShares MSCI Japan Index Fund ETF – EWJ

EWJ

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